Goldman Sachs Custody Solutions and NewEdge Capital Group Announce Strategic Collaboration to Provide Enhanced Services to RIAs
10 9월 2024 - 10:00PM
Goldman Sachs Custody Solutions (“GSCS”), a modern
custodial provider for independent advisors, will now serve as
a select custodian for NewEdge Wealth and NewEdge Advisors,
subdivisions of NewEdge Capital Group. Both well known for
delivering differentiated solutions to seasoned advisors, GSCS
and NewEdge Capital Group are collaborating to deliver
industry-leading service and support to address the evolving needs
of sophisticated advisors and the clients they serve. This
relationship was solidified when two NewEdge teams, Fortis Wealth
Advisors and Lehigh Valley, recently selected GSCS as their primary
custodian.
“Goldman Sachs Custody Solutions is thrilled to continue our
collaboration with NewEdge Capital Group,” said Jeremy
Eisenstein, Managing Director at Goldman Sachs. “Their commitment
to providing a high level of service for clients with complex
needs aligns with our mission to empower advisors with
a digital-forward custodial solution and institutional
support. This relationship is a testament to our dedication in
elevating the advisor experience.”
The combination of GSCS’s institutional capabilities with
NewEdge Capital Group’s infrastructure aims to support
next-gen talent and create a unique environment for advisors who
are looking to take their services to the next level.
“At NewEdge, we take pride in being an open-architecture firm,
prioritizing products and solutions that best serve our
advisors and their clients—including custody services,” said Rob
Sechan, Co-Managing Partner of NewEdge Capital Group and CEO
of NewEdge Wealth. “We are thrilled to welcome GSCS as
a new custody partner for both NewEdge Wealth and NewEdge
Advisors.”
“NewEdge Capital Group’s long-standing relationship with GSCS
has been grounded in a shared vision for excellence in
advisory services,” said Alex Goss, Co-Managing Partner of NewEdge
Capital Group and CEO of NewEdge Advisors. “This next
step will further deepen our ability to offer innovative solutions
and unparalleled support to growth-oriented advisors. The
integration of GSCS’s elite custodial services with our
cutting-edge infrastructure represents a significant advancement
for our advisors.”
About Goldman Sachs Custody Solutions
Goldman Sachs Custody Solutions offers clients of independent
advisors access to institutional-grade solutions and custody
services. We transform the client experience with an intuitive,
digital-forward platform to enhance your advisor’s transparency.
Our modern, nimble, and ever-evolving open architecture network
connects advisors to best-in-class services and tools. More than
just a custodian, we are a gateway to the institutional power of
Goldman Sachs.
Custody, clearing and certain brokerage services are offered by
Folio Investments, Inc., d/b/a Goldman Sachs Custody Solutions
(“GSCS”), a registered broker-dealer and member FINRA/MSRB/SIPC.
Additional brokerage services are provided by Goldman Sachs
& Co. LLC (“GS&Co.”), which is an
SEC-registered broker-dealer and investment adviser, and
member FINRA/MSRB/SIPC. Research GSCS and GS&Co.
at FINRA's BrokerCheck. The information provided here shall
not constitute an offer, solicitation, or advice by GSCS or
GS&Co. to buy or sell securities.
About NewEdge Capital Group
NewEdge Capital Group and its subsidiaries collectively trace
their roots back over 30 years and provide best-in-class
technology-enabled solutions and support services to financial
advisors and their clients. NewEdge Wealth is designed to meet
the needs of ultra high net worth, family office and
institutional clients and the advisors that serve them.
NewEdge Advisors embraces a transparent approach to educating
advisors on the independent opportunities that currently exist and
offers multiple affiliation models, including direct 1099 and
W-2.
Today, NewEdge Capital Group, a Barron’s Top 100 RIA Firm and
Forbes’ America’s Top RIA Firm*, has over $55 billion in
client assets serviced** and supports over 400 financial advisors
servicing several thousand households, family offices, and
institutions comprising of more than 75,000 client accounts.
*Barron’s rankings awarded in September 2023 based on prior 12
month data. Forbes/Shook rankings awarded in October 2023
based on data from 3/31/22-3/31/23. Neither NewEdge Capital Group
nor its employees pay a fee in exchange for these
rankings.
**Assets “serviced by” the firm includes (i) client assets for
which we provide investment advisory services, (ii) client
assets for which we provide brokerage services through our
affiliate, NewEdge Securities, Inc. and (iii) client assets
held at unaffiliated broker-dealers for which we provide
supervisory oversight and support services.
Kelsey Woodbridge
Ficomm Partners
kelsey.woodbridge@ficommpartners.com
Goldman Sachs (NYSE:GS)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 10월(10) 2024
Goldman Sachs (NYSE:GS)
과거 데이터 주식 차트
부터 10월(10) 2023 으로 10월(10) 2024